Seatrium wins $11 billion order from Brazil

(17-02-2025, 01:25 PM)Tee tiong huat Wrote:  Seatrump is down between $2.40 to $2.50, trading now at $2.40 or down .040 or ✓-1.6%. while SingPost is up between .560 to .565. it last closed .565 up .+005 or 0.9%. Big Grin

Singapore Post (SingPost) announced on Feb 17 the appointment of Mr Chng Lay Chew and Mr Ng Chin Hwee as its new non-executive, independent directors. Mr Chng, 67, was the chief financial officer (CFO) of the Singapore Exchange from December 2011 to September 2020. He holds 30,000 SingPost shares. 

Mr Ng, 64, was previously chief executive officer  (CEO) & executive director of SIA Engineering from April 2020 to Sept 2023.

The leadership changes came months after the termination of three SingPost senior executives—former group CEO Vincent Phang, group chief financial officer Vincent Yik, and Li Yu, CEO of the International Business Unit—for negligence in handling whistleblower reports. Mr Phang later stepped down from SingPost’s board in January 2024. According to The New Paper, former local operations CEO Shahrin Abdol Salam also resigned this month. His role has since been taken over by group chief operating officer (GCOO) Neo Su Yin, who has assumed additional responsibility as Singapore CEO.

Before the latest announcement, SingPost’s shares closed at S$0.56 on Feb 14, up 0.9% or S$0.005. /TISG
https://theindependent.sg/singpost-appoi...directors/
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The “REIT-vival” that we all anticipated might not be coming so soon.

But I get it, some of us who are here for the long term are trying to make a contrarian move – scooping up blue chip REITs at attractive prices. The interest rate regimes and economic cycles, as their names imply, go up and down, but they should not be detrimental to a great REIT’s long term potential and track record.

With a host of REITs reporting their latest quarterly results – some with their full FY results, I thought it would be interesting to profile some of Singapore’s blue chip REITs side by side, comparing to see which of them is the bluest of them all.
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(10-02-2025, 05:31 PM)Tee tiong huat Wrote:  At this time today, 14:20:55. Monday 10/02/2025. They is players bot up Sasseur .685 cent

Good to see players buying up with a only one deal at only 1 only deal, but at closing time after five (5 pm) is different.
Bigeyes Laughter-13 Gesti-109  

At closed time today 5pm Tuesday 18/02/2025. They is players bot up Sasseur between .690 to .695 cent. The volume hit 763.200 shares changing hands. 

Good to see players buying up with a many deal, but at closing time after five (5 pm) is different it hit after 17:06:12. At least they are players playing yoyo up to hit 0.695, good affect to try to even hit .7 or more for this SASSEUR Reits. Good work thanks to .optimistic and confident player here.  Surprise-440 Gesti-109
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(18-02-2025, 06:11 PM)Tee tiong huat Wrote:  At closed time today 5pm Tuesday 18/02/2025. They is players bot up Sasseur between .690 to .695 cent. The volume hit 763.200 shares changing hands. 

Good to see players buying up with a many deal, but at closing time after five (5 pm) is different it hit after 17:06:12. At least they are players playing yoyo up to hit 0.695, good affect to try to even hit .7 or more for this SASSEUR Reits. Good work thanks to .optimistic and confident player here.  Surprise-440 Gesti-109

Today morning news: This Tax Exempt Income: Distribution is exempt from S'pore income tax in the hands of all Unitholders. No tax will be deducted from such distribution... Rotfl Clapping
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(18-02-2025, 12:52 PM)Tee tiong huat Wrote:  The “REIT-vival” that we all anticipated might not be coming so soon.

But I get it, some of us who are here for the long term are trying to make a contrarian move – scooping up blue chip REITs at attractive prices. The interest rate regimes and economic cycles, as their names imply, go up and down, but they should not be detrimental to a great REIT’s long term potential and track record.

With a host of REITs reporting their latest quarterly results – some with their full FY results, I thought it would be interesting to profile some of Singapore’s blue chip REITs side by side, comparing to see which of them is the bluest of them all.

One of the four (4) is SASSEUR REITs. Up pass above 6 mark. Clapping Passed.
https://thesmartinvestor.com.sg/4-singap...or-higher/
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(20-02-2025, 08:57 AM)Tee tiong huat Wrote:  Today morning news: This Tax Exempt Income: Distribution is exempt from S'pore income tax in the hands of all Unitholders. No tax will be deducted from such distribution... Rotfl Clapping

Sasseur REIT (SGX: CRPU)
Sasseur REIT is a China retail outlet mall REIT with a portfolio of four retail outlet mall assets located in Chongqing, Kunming, and Hefei. The REIT reported a mixed performance for the first half of 2024 (1H 2024).

Total rental income (fixed + variable) increased marginally by 0.9% year on year to S$329 million.
Distributable income, however, fell by 2.9% year on year to S$42.7 million and DPU declined by 5.1% year on year to S$0.03153. Sasseur REIT’s trailing 12-month DPU stood at S$0.0608, giving its units a trailing 12-month distribution yield of 8.9%.

For the first nine months of 2024 (9M 2024), outlet sales at the four malls fell by 7.2% year on year to RMB 3.1 billion because of weak consumer sentiment. However, total rental income fell by just 0.1% year on year to RMB 487.6 million.
Because of the weakening of the RMB against the S'pore Dollar, there was a 1.5% year-on-year dip in rental income to S$91.5 million. However, portfolio occupancy hit a new high of 98% and Sasseur REIT has one of the lowest gearing levels among S-REITs at just 25.5%. The manager is confident of the REIT’s outlook with China’s jumbo stimulus measures aiming to recharge the economy and fuel consumer spending. Big Grin
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(18-02-2025, 12:52 PM)Tee tiong huat Wrote:  The “REIT-vival” that we all anticipated might not be coming so soon.

But I get it, some of us who are here for the long term are trying to make a contrarian move – scooping up blue chip REITs at attractive prices. The interest rate regimes and economic cycles, as their names imply, go up and down, but they should not be detrimental to a great REIT’s long term potential and track record.

With a host of REITs reporting their latest quarterly results – some with their full FY results, I thought it would be interesting to profile some of Singapore’s blue chip REITs side by side, comparing to see which of them is the bluest of them all.

https://www.businesstimes.com.sg/compani...re-us-reit
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(20-02-2025, 11:29 PM)Tee tiong huat Wrote:  https://www.businesstimes.com.sg/compani...re-us-reit

Stocks to watch: Seatrium, SingPost, Sasseur Reit, CSE Global, United Hampshire US
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(20-02-2025, 11:37 PM)Tee tiong huat Wrote:  Stocks to watch: Seatrium, SingPost, Sasseur Reit, CSE Global, United Hampshire US

https://www.businesstimes.com.sg/compani...re-us-reit
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(20-02-2025, 11:46 PM)Tee tiong huat Wrote:  https://www.businesstimes.com.sg/compani...re-us-reit

Seatrium has returned to full-year profitability for the first time since 2017. To mark the occasion, the company plans to pay a dividend of 1.5 cents per share. For the year ended Dec 31, 2024, the company recorded earnings of $157 million, versus a net loss of $2 billion in the preceding FY2023. Underlying net profit was $200 million, versus underlying net loss of $28 million in FY2023. Driven by strong project execution and so on, FY2024 revenue was up 27% to $9.2 billion, up 27% y-o-y.In FY2024, the company won new orders of some $15.2 billion, bringing its order book to $23.2 billion, up 43%. "We are heartened to have turned the corner," says CEO Chris Ong.
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Price went down why har ?
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See next week up lah no reason not to ! Up
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Potentially delist to five so far in 2025.
Latest buyout offers involve mainboard-listed engineer PEC and Catalist-listed nursing home operator Econ Healthcare (Asia).

PEC said on Feb 17 that it had received a proposal by Alliance Energy Services to take it private at 84 cents per share, comprising 64 cents in cash and a special dividend of 20 cents for each share held.
Alliance Energy is a subsidiary of Liberty Energy Solutions, which provides engineering and chemical decontamination services to oil and gas refineries and petrochemical facilities. Proposal will require shareholder and regulatory approval. Major shareholders holding 63.38% of PEC share have already agreed to vote in favour of offer.

The buyout offer came just days after Econ Healthcare (Asia) on Feb 14 that it received an offer for all from Enabler Bidco, a special purpose vehicle indirectly owned by US investment firm TPG Global. Econ Healthcare shareholders can opt to receive 33 cents a share in cash or 22.4% cash plus 0.32 shares in a TPG-controlled holding company Enabler Bidco. If no choice shareholders will receive cash option by default. A special dividend of 2.5 cents a share will paid if the offer is approved.

On Feb 10, Cuscaden Peak Investments – formerly Singapore Press Holdings – proposed to privatise and delist the Paragon Reit for 98 cents a share, or $2.78 billion in total.
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[Image: Screenshot-2025-02-25-10-39-32-76-6012fa...b265e7.jpg]
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(25-02-2025, 10:40 AM)Tee tiong huat Wrote:  [Image: Screenshot-2025-02-25-10-39-32-76-6012fa...b265e7.jpg]

S$200- S$600 Cash Payout Coming for S'porean. Check Eligibility....to continue for those folks who need help, but maybe they been challenge to faced in some job they don't like to do, many job seekers here. Home more they are more then one years already jobless ohh. Big Grin
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(12-08-2024, 05:24 PM)Tee tiong huat Wrote:  Excluding the impact of a change in the treatment of upfront borrowing costs which began in the 2HFY2023 as well as a change in the REIT manager’s base fee component to 20% in cash with effect from January this year, the REIT’s DPU for the 1HFY2024 would have grown by 1.7% y-o-y to 3.378 centsDistribution Will be Paid out on Sep 26 after the record date of Sept 6.... Big Grin

Excluding the impact of a change in treatment of upfront borrowing costs which began 2HFY2023 as well as a change in the REIT manager’s base fee component to 20% in cash with effect from January this year, the REIT’s DPU for the 1HFY2024, Come Excluding the impact of a change in the treatment of upfront borrowing costs. I'm waiting to collecting my CD next month on DPU was 2.7% lower y-o-y S$0.06082 from S$0.06249. nearly same same as the last CD time. 

This's best, if for some good players to play up to .7 or up above .700 marks to keep this SASSEUR REIT stock to be keep for mid to even long-term. Rotfl
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(25-02-2025, 12:22 PM)Tee tiong huat Wrote:  Excluding the impact of a change in treatment of upfront borrowing costs which began 2HFY2023 as well as a change in the REIT manager’s base fee component to 20% in cash with effect from January this year, the REIT’s DPU for the 1HFY2024, Come Excluding the impact of a change in the treatment of upfront borrowing costs. I'm waiting to collecting my CD next month on DPU was 2.7% lower y-o-y S$0.06082 from S$0.06249. nearly same same as the last CD time. 

This's best, if for some good players to play up to .7 or up above .700 marks to keep this SASSEUR REIT stock to be keep for mid to even long-term. Rotfl

For this two day yesterday and today 25/2/2025. Volume has more up to thousand changing, must have more players to play...ahh. Thinking
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(25-02-2025, 05:22 PM)Tee tiong huat Wrote:  For this two day yesterday and today 25/2/2025. Volume has more up to thousand changing, must have more players to play...ahh. Thinking

SASSEUR Reit closed with volume of 1,754,000 shares changing hands. Big Grin
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(25-02-2025, 10:40 AM)Tee tiong huat Wrote:  [Image: Screenshot-2025-02-25-10-39-32-76-6012fa...b265e7.jpg]

Kuok Meng Wei, grandfather was once called world’s shrewdest businessman by Forbes, is leading his family into what the 41-year-old describes as the hottest industry in decades.
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(27-02-2025, 03:56 PM)Tee tiong huat Wrote:  Kuok Meng Wei, grandfather was once called world’s shrewdest businessman by Forbes, is leading his family into what the 41-year-old describes as the hottest industry in decades.

Billionaire Robert Kuok’s Grandson Drives $10 Billion Bet On AI Data CentersKuok Meng Wei, managing director & CEO of K2 Strategic. The roots of Kuok Group, conglomerate founded by legendary business tycoon Robert Kuok, go back to 1949 in M'sia’s Johor state, where he & his brothers started a business trading everyday items such as sugar, rice & flour. More than 75 yrs later, once-sleepy Johor, cashing in plentiful land & proximity to Singapore, has transformed itself into a booming tech hub. In a homecoming of sorts, Kuok Group latched to opportunity of selling a 21st century essential: data storage.

Last October, group’s privately held unit K2 Strategic, led by patriarch’s 41-year-old grandson Kuok Meng Wei, opened a 60 megawatt (MW) data center—capacity is measured by power consumption—at the 700-acre Sedenak Tech Park, one of a dozen digital hubs multiplying across Johor. Located about 30 kilometers from the century-old causeway connect-ing Singapore and state capital Johor Bahru, it has drawn some of the biggest data center players from around the world.

In Johor, K2 Strategic is currently the third-biggest operator, after Bain Capital’s Bridge Data Centres, with 126MW, and DayOne (a unit of China’s GDS) with 115MW, according to London-based property consultancy Knight Frank. Other players include Warburg Pincus-backed Princeton Digital Group & M'sian tycoon Francis Yeoh’s YTL Corp., which has partnered with AI chip developer Nvidia. Meng Wei is reluctant to disclose names of K2’s existing clients, saying, “We count two of the world’s largest cloud service providers & world’s fastest-growing social media firm among our list of customers.”

Forbes covering billionaires, entrepreneurs & deals in Asia. Feb 26, 2025, 09:21pm. Updated Feb 27, 2025.
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Hope it work in TikTok.com... Tongue
https://vt.tiktok.com/ZSMuW1VQ8/
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(03-03-2025, 11:18 PM)Tee tiong huat Wrote:  Hope it work in TikTok.com... Tongue
https://vt.tiktok.com/ZSMuW1VQ8/

Sorry, it don't this 2nd time...sorry.
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(03-03-2025, 11:19 PM)Tee tiong huat Wrote:  Sorry, it don't this 2nd time...sorry.

Sorry, I try again and it work, this time.
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Why should u own REITs?
Ask why us owns REITs, & he’ll likely counter: “Why not?”. Consider REITs unlock access to prime real estate, generating consistent rental income.  A portfolio of well-chosen REITs offers a double win: steady income and potential capital growth as property values climb.

Reason #1: Keeping the taxman at bay
There are not that many ways to make money without the taxman wanting his cut. For example, when companies make a profit, they must pay corporate tax.

REITs operate differently. If they pay out 90% of their taxable income to you — unitholder — they are not required to pay taxes on income. A the tax savings don’t stop there. In REIT unitholders don’t have to pay income tax on distributions receive.
It’s a double tax win: REIT avoids corporate tax, you avoid income tax on your dividends. That’s a powerful advantage, making REITs a tax-efficient cornerstone for your portfolio.

Reason #2: if you like to own a shopping mall?, dreamt of owning a shopping mall, a sprawling industrial complex, or a cutting-edge data centre?  REITs give everyday investors access to high-value properties normally out of reach. In S'pore, we are blessed with plenty of choices
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On Oct 4, 2013 when the share prices of the three companies crashed, erasing S$8 billion in market capitalisation from SGX. The duo's offences included false trading, price manipulation, deception and cheating. Soh was convicted of additional charges of witness tampering. He was sentenced to 36 years' jail on 180 charges and Quah to 20 years on 169 charges.
https://www.channelnewsasia.com/singapor...sh-4972926
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Citi upgrades Seatrium to 'buy' with TP of $2.65 on valuation and potential resilience with share buyback programme. Citi Research has upgraded its call on Seatrium from “neutral” to “buy”, with an unchanged target price of $2.65, on the back of valuation and potential resilience with its share buyback programme.
https://www.theedgesingapore.com
Citi upgrades Seatrium to 'buy' with TP of $2.65 ... - The Edge Singapore
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(03-03-2025, 11:19 PM)Tee tiong huat Wrote:  Trump the king and his no-1 one dag, it don't like they many time do and do so many time, people just sabo Must X.net down to zero mark. Rotfl

https://www.channelnewsasia.com/business...ck-4990426
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Musk & Trump, both kanna sabo by world people. X.net is down 100% sabo by world market everyday, 24 hours. Clapping
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(Yesterday, 08:11 AM)Tee tiong huat Wrote:  Musk & Trump, both kanna sabo by world people. X.net is down 100% sabo by world market everyday, 24 hours. Clapping

Future is down for the king & his dog. crying
[Image: Screenshot-2025-03-04-17-07-56-23-40deb4...480b12.jpg]

[Image: Screenshot-2025-02-02-23-34-36-17-f69139...4f144a.jpg]
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Anything to do with this king and his dog, this market will broked them into smaller peace, please follow  this two people. Their stock is 100% down, can buy down. crying
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